Is Pasco County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Pasco County has remained a Seller's Market.
Key Takeaway
Pasco County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pasco County, FL
How much do homes in Pasco County, FL cost?
Median Sold Price
$329,769
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Pasco County has remained the same since last year.
Summary: The median home sold price in Pasco County was $329,769 in March 2024, the same as last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112K | $110.5K | -1.3% |
| 2 Bedrooms | $230.2K | $231.9K | +0.7% |
| 3 Bedrooms | $337.2K | $332.6K | -1.3% |
| 4 Bedrooms | $464.6K | $451.1K | -2.9% |
| 5+ Bedrooms | $624.6K | $575.2K | -7.9% |
Summary: Pasco County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 7.9%.
Median Sold Price Compared To Nearby Counties
| Pinellas County | $386.1K | $400K | +3.6% |
| Hernando County | $314.9K | $319.9K | +1.6% |
| Hillsborough County | $394.6K | $399.6K | +1.3% |
| Pasco County | $329.7K | $329.7K | 0.0% |
| Sumter County | $365.9K | $350.6K | -4.2% |
Housing Supply in Pasco County, FL
How many homes are available in Pasco County, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4,724 | 4,920 | +4.1% |
Summary: The Pasco County real estate market had 4,920 homes for sale in March 2024, a 4.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 80 | 94 | +17.5% |
| 2 Bedrooms | 1,605 | 1,665 | +3.7% |
| 3 Bedrooms | 1,877 | 1,916 | +2.1% |
| 4 Bedrooms | 859 | 912 | +6.2% |
| 5+ Bedrooms | 303 | 333 | +9.9% |
Summary: The Pasco County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.5%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 9.9%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 879 | 900 | +2.4% |
Asking Price vs. Sold Price
523 Homes Were Sold
Under Asking
269 Homes Were Sold
At Asking
108 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pasco County, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.
Summary: A total of 900 homes were sold or pending in Pasco County in March 2024, up by 2.4% month-over-month. Of the 900 sold homes, 58% were sold under asking, 30% were sold at asking, and 12% were sold over asking.
Days on Market for Pasco County, FL
How long does it take to sell a home in Pasco County, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 52 Days | +2.7% |
Summary: Homes in Pasco County had an average of 52 days on market in Mar 2024, up by 2.7% compared to last year.
Breakdown of Home Sale Times
434 Homes Were Sold
Under 30 Days
274 Homes Were Sold
In 30 - 90 Days
192 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pasco County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 900 homes were sold in Pasco County; 48% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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